The effectiveness of institutional activism

• Main Authors: CATON, Gary L., GOH, Jeremy, DONALDSON, Jeffrey
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2001
• 主題: Finance and Financial Management; Portfolio and Security Analysis
• 在線閱讀: https://ink.library.smu.edu.sg/lkcsb_research/2204; https://ink.library.smu.edu.sg/context/lkcsb_research/article/3203/viewcontent/Effectiveness_of_institutional_activism.pdf
• 機構: Singapore Management University

Researchers examined earnings-forecast revisions and stock returns after release of the Focus List of poorly performing companies by the Council of Institutional Investors. Using Tobin's q as a measure of a company's ability to improve performance, researchers found significant and positiv...